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manoj purohit

Manoj Purohit

Caption-One of the key changes announced in the Budget proposals is the capping of the surcharge rate on long-term capital gains at 15% arising on transfer of any long-term capital assets.

Budget 2022: How the capping of LTCG surcharge at 15% will benefit taxpayers

by Manoj Purohit |Feb 7, 2022

By capping the surcharge rate at 15%, the benefit of a lower surcharge rate gets extended to all classes of financial assets.